The El Compás mine, located in Zacatecas, Mexico, has begun commercial production, according to Endeavor Silver Corp. The processing plant at El Compás has a design capacity of 250 tons per day (t/d) with recoveries estimated at 83% gold and 50% silver. The current plant feed comes from a warehouse, and reaches an average production capacity of 232 tons per day (93% of the design capacity) and recoveries of 73.5% gold (88% of the design rate) and 45.5% silver (63% of the design rate).
El Compás is the fourth mine in Mexico for Endeavor Silver Corp and the first of three development projects that will increase production, reduce costs and promote the company’s organic growth, the company said.
The company has three underground silver and gold operations in Mexico: the Guanacevi Mine in the state of Durango, and the Bolanito and El Cubo mines in Guanajuato. It is also working to expand the Terronera project in Jalisco and is exploring the Parral project in Chihuahua to expand its resources.